Shares of Zijin Mining Group Co tumbled today in Shanghai after the mining company announced a temporary shutdown to deal with a toxic spill that poisoned up to 2,000 tons of fish, according to China Daily.
An extended shutdown could cut into global gold supply: The closed mine produces 60 per cent of Zijin’s gold. Zijin is the top gold producer in the world’s second most gold producing country.
The toxic spill involved chemicals from copper, not gold, production at the mine. Zijin blames the spill on regional rainfall and flooding.
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